Use the following to answer questions 5-18 TLC's Property Management purchased a fleet of new mowers for an acquisition cost of $128,000. The company estimates the equipment will have a residual value of S20,000 when they are done using the mowers at the end of four years or about 90,000 machine hours. Prepare a depreciation schedule for four following methods (straight-line, declining balance; activity based): years using the Straight-line: 180% declining balance: Activity-based: 21,000 15. S rate per hour? per MH. What is the depreciation Use the following to answer questions 19-22 BLT Home Builders is in the process of closing its operations. It sold its six-year-old Caterpillar 279C Compact Track Loader for S40,000. The loader originally cost S83,000 and had an estimated useful life of 9 years and an estimated residual value of $14,000 ABC uses straight-line depreciation for all equipment. 19 Calculate the balance in the